malaz
I suppose that was the hindsight 'bonus' of the GFC, everyone realising that these 'experts' are a complete and utter waste of time. They all have an agenda geared for their benefit.
I can't stand Briefing(main sentiment drivers on NYSE- NASDAQ site). A report may go like this: Home sales were up 4%, well above the previous 3.5% but did not meet Briefings expectation of 4.2% - and the market 'cries'. Who the heck is Briefing but literally, a hand full of crystal ball gazers with an agenda? May as well get them to present the US economic data, seems Ben Benanke and Co are wasting their time, Briefing knows best LOL
Or, Company X made 100m an increse of 20m on last year but Briefing was expecting 120m??? HUH?? Excuse me for being rude but the day Briefing owns the company is the day they dictate expected profit, 'til then, take a hike!
Sad part, too many people can be fooled ALL of the time. People say it's not that easy to make money on the ASX, it CERTAINLY is not that hard. Time people absorb the economic news and take it for what most of it is, white noise. My opinion only, the Bull is ready and if you can't stay on it for more than 7 seconds, go ride a pony :)) LOL
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malazI suppose that was the hindsight 'bonus' of the GFC,...
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